"We have seen healthy new business wins and slowing redemptions, resulting in net inflows for the period. Of particular note is the increase in net inflows to our pooled funds.

" This success is due to the diversified nature of our business, both in terms of asset class and our global client base, as well as our consistent and disciplined investment processes.

"Looking forward, we will remain focused on organic growth and building on the strong distribution relationships we have been developing over recent years."

In a note analysts at KBC Peel Hunt, said: "The story for Aberdeen remains highly attractive a focus on organic growth, better cash generation (and subsequent move to a net cash position) and an improving picture on fund flows."